1. In all cases where an undertaking with
sureties is required by the provisions of titles 2 to 6 of NRS, the judge,
justice, or clerk, or other officer taking the same, shall, unless it is
otherwise provided in NRS, require the sureties to accompany the same with an
affidavit that they are each worth the sum specified in the undertaking, over
and above all their just debts and liabilities, exclusive of property exempt
from execution.

2. When the amount specified in an
undertaking exceeds $3,000, and there are more than two sureties thereon, they
may state in their affidavits that they are severally worth amounts less than
that expressed in the undertaking, if the whole amount be equivalent to that of
two sufficient sureties.

[1911 CPA § 542; RL § 5484; NCL § 9031]

NRS 20.015Form of undertaking.Whenever
a party to an action or proceeding desires to give an undertaking pursuant to
any provision of titles 2 to 6 of NRS, it is sufficient if the sureties sign an
undertaking indicating that they are bound to the obligations imposed by the
statute under which the undertaking is given. Such undertaking may be in
substantially the following form:

UNDERTAKING

State of Nevada }

}ss.

County of.................................... }

In the
............................... court ................................ (state
title of the action). Whereas the above-named ................................
desires to give an undertaking for ................................ (state
purpose) as provided by NRS ................ Now, therefore, we the undersigned
sureties, do hereby obligate ourselves, jointly and severally to
................................ (name the obligee) under the provisions of NRS
................ in the sum of $............. Dated this ............. day of
the month of …........ of the year ……….

NRS 20.020Justification of sureties.In
all cases not otherwise provided for in titles 2 to 6, inclusive, of NRS, where
sureties are required to justify, they shall appear before the officer or
person authorized to take the justification, and may be examined under oath by
such officer or person and the adverse party, touching their qualifications as
sureties, which examination shall be reduced to writing and subscribed by the
sureties if required. If, upon such examination, it shall appear to such
officer or person that the sureties, or either of them, have the necessary
qualifications of such, the officer or person shall so endorse upon the
statement, and cause the same to be filed, and thereupon the justification
shall be complete.

[1911 CPA § 543; RL § 5485; NCL § 9032]

NRS 20.030Surety bond or cash may be furnished in lieu of personal
sureties.In all cases where a
bond or undertaking is required by the provisions of titles 2 to 6 of NRS, the
party required to give such bond or undertaking may furnish such bond or
undertaking with a surety or bonding company, authorized to do business under
the laws of this state and to furnish such bonds or undertakings, to be
approved by the court, judge, clerk, or deputy clerk, in lieu of personal
sureties. A party may, also, in lieu of a bond or undertaking required by
titles 2 to 6 of NRS, deposit with the court, or clerk thereof, cash in the
amount of the bond or undertaking required.

1. Except as otherwise provided in
subsection 2, if an appeal is taken of a judgment in a civil action involving a
signatory, or a successor in interest or affiliate of a signatory, of the
Master Settlement Agreement in which an appellant is required to give a bond in
order to secure a stay of execution of the judgment during the pendency of any
or all such appeals, the total cumulative sum of all the bonds required from
all the appellants involved in the civil action must not exceed $50,000,000.

2. If the plaintiff proves by a
preponderance of evidence that an appellant who posted a bond pursuant to
subsection 1 is purposefully dissipating or diverting assets outside of the
ordinary course of its business to evade the ultimate payment of the judgment,
the court may, if it determines that such an order is necessary to prevent such
dissipation or diversion, require the appellant to post a bond in an amount
that does not exceed the full amount of the judgment.

3. The provisions of this section do not
limit the discretion of a court, for good cause shown, to set the bond on
appeal in an amount less than the amount otherwise required by law.

NRS 20.040Undertaking, bond or security not required in action by or
against State, county, city or officer thereof.

1. In any action or proceeding before any
court or other tribunal in this State, wherein the State of Nevada or any county,
city or town of this State, or any officer thereof in his or her official
capacity, is a party plaintiff or defendant, no bond, undertaking or security
shall be required of the State, county, city or town, or such officer in his or
her official capacity, but on complying with the other provisions of law the
State, county, city or town, or officer thereof, acting as aforesaid, shall
have the same rights, remedies and benefits as though such bond, undertaking or
security were given and approved as required by law.

2. The provisions of this section shall
only apply where such action or proceeding is prosecuted or defended in the
name of the State, county, city, town or officer thereof for the public
benefit, and shall not be applicable where such action or proceeding is so
prosecuted or defended for the benefit of a private individual or for the
enforcement or protection of a private right.

[1911 CPA § 545; RL § 5487; NCL § 9034]

NRS 20.050Bond or undertaking to be approved by clerk of court.

1. In all cases where a bond or other
undertaking, except a bail bond, is required by the provisions of titles 2 to
5, inclusive, of NRS or in any civil action arising under any other title of
NRS or by the Nevada Rules of Civil Procedure or Nevada Rules of Appellate
Procedure, the bond or undertaking shall be presented to the clerk of the court
in which the action or proceeding is pending, for approval of the clerk of the
court, before being filed or deposited.

2. The clerk of the court may refuse
approval of a surety for any bond or other undertaking if a power of
attorney-in-fact which covers the agent whose signature appears on the bond or
other undertaking is not on file with the clerk of the court.